ProShares UltraShort Consumer Staples (NYSEARCA:SZK) Shares Shorted: Short Interest Down 88.1% in September

ProShares UltraShort Consumer Staples (NYSEARCA:SZK) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 160 shares, a decrease of 88.1% from the September 15th total of 1,340 shares. Approximately 0.4% of the company’s stock are sold short. Based on an average trading volume of 18,662 shares, the short-interest ratio is currently 0.0 days.

ProShares UltraShort Consumer Staples Trading Down 2.3%

NYSEARCA SZK traded down $0.48 during trading on Monday, reaching $20.51. 398 shares of the company’s stock were exchanged, compared to its average volume of 4,934. ProShares UltraShort Consumer Staples has a fifty-two week low of $18.40 and a fifty-two week high of $27.72. The company’s fifty day simple moving average is $21.36 and its 200-day simple moving average is $21.75.

ProShares UltraShort Consumer Staples Company Profile

ProShares UltraShort Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Consumer Goods Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.